Blog - Auction tips

Real estate auction bidding tactics: 5 people most likely to bid big

I have been to hundreds of auctions in my time and find it fascinating to watch real estate auction bidding tactics. Auctions can be stressful for everyone involved and often buyers surprise themselves: either by bidding more or less than they thought they would. Some buyers register for auctions and never even end up bidding […]

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How to decode auction price guides to get a competitive edge

Auction underquoting has been a hot topic of conversation in real estate circles in NSW and Victoria recently, with changes to the law and public crackdowns on some high profile agents. Auction price guides have always caused stress with buyers for a number of reasons, largely because they don’t know how to properly interpret them. As buyers […]

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Guide to understanding real estate auction underquoting laws

Will the new auction quoting laws change anything in NSW? The NSW government’s new year’s resolution for real estate agents and quoting laws for 2016 was to make them all quote realistic auction price guides. Isn’t this great news? Real estate auction underquoting has driven buyers crazy for years. If all goes to plan, buyers will now […]

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Bidding at auction – Is it best to have somebody else bid on your behalf?

Bidding at auction, particularly real estate auctions, can be terrifying, especially if you have your heart set on buying the property. Even worse in a hot market when prices are rising almost on a daily basis. Many buyers, left to their own devices get scared off by aggressive bidders and stop bidding prematurely. Many others […]

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Six tips to overcome auction jitters

Some buyers fear auctions so much that they never look at a property unless it has an asking price. Unfortunately, though, avoiding auctions in some areas means you are limited to the dregs as all the quality property is marketed that way. The only way to reduce your chances of either missing out or paying […]

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Interesting auction bidding tactics – do they work?

Sydney dinner party conversations often drift to auction bidding tactics. There are many common tricks such as waiting until the property is “on the market” before bidding, but they are all a bit predictable. Time to get more creative! For instance, it might seem insane to bid against yourself at auction, but what makes it […]

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